By Christopher B. Daly
In light of the recent announcement that the New Orleans Times-Picayune will scale back the frequency of its print editions, the following chart bears studying:
This chart was part of a recent presentation by Mary Meeker of Kleiner Perkins. (I got hold of it through Poynter.)
So, what’s the takeaway? If you extend those trend lines any further, you can see that the revenue won’t be there in the future to support a printed newspaper. If newspapers want to stay in the news business, they better have a plan to get out of the paper business.